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Trump says 100% tariffs on China not sustainable

Financial Express Mumbai

|

October 18, 2025

US PRESIDENT Donald Trump said his proposed 100% tariff on goods from China would not be sustainable but blamed China for the latest impasse in trade talks that began with Beijing tightening control over its rare earth exports.

- REUTERS

Asked whether such a high tariff was sustainable and what that might do to the economy, Trump replied, "It's not sustainable, but that's what the number is."

"They forced me to do that," he said in an interview with Fox Business Network broadcast on Friday.

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Beauty brands shine bright as gifting trends get a glow-up

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ICAI puts teeth into fraud check norms

THE INSTITUTE OF Chartered Accountants of India (ICAI) will make its review of financial statements of companies for detection of potential misdeeds or frauds more focussed, with a new set of parameters, according to official sources.

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Small finance banks to scale up gold loan biz

AMID A MUTED overall credit growth in the banking sector, goldloans have emerged as the only segment witnessing strong traction. Rising gold prices have further boosted customer demand.

time to read

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